The Standard & Poor's (S&P) 500 major equity index tumbled 58.60 points on Wednesday, closing down 1.34% to finish the day at $4,314.60 after broad-ma
US equities see red for the mid-week as risk sentiment sours on Wednesday. Risk appetite is slumping as US Treasury yields rock into highs not seen in over a decade and a half. Middle East geopolitical concerns and a frozen US Congress are souring risk appetite. rket risk appetitesoured through the trading day, with investors pushed back into safe havens as the Gaza conflict escalation and a logjammed US Congress weigh on sentiment.
Headline earnings reporters for the rest of the day will be Netflix and Tesla, both of which report after the closing bell. The US is facing political jitters as the US Congress remains frozen as US politicians struggle to elect a new Speaker of the House after previous Speaker Kevin McCarthy was ejected from the position by his own political party.
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